Company registration number 12103960 (England and Wales)
DTMA HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
PAGES FOR FILING WITH REGISTRAR
DTMA HOLDINGS LIMITED
CONTENTS
Page
Balance sheet
2 - 3
Notes to the financial statements
4 - 7
DTMA HOLDINGS LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DTMA HOLDINGS LIMITED FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DTMA Holdings Limited for the year ended 30 September 2023 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the Board of Directors of DTMA Holdings Limited, as a body, in accordance with the terms of our engagement letter dated 1 August 2019. Our work has been undertaken solely to prepare for your approval the financial statements of DTMA Holdings Limited and state those matters that we have agreed to state to the Board of Directors of DTMA Holdings Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DTMA Holdings Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that DTMA Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DTMA Holdings Limited. You consider that DTMA Holdings Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of DTMA Holdings Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

PKF Smith Cooper Limited
9 January 2024
Accountants
7 Compton Street
Ashbourne
Derbyshire
United Kingdom
DE6 1BX
DTMA HOLDINGS LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2023
30 September 2023
- 2 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
8,695,657
8,637,875
Current assets
Debtors
4
167,920
140,151
Cash at bank and in hand
1,119,010
442,077
1,286,930
582,228
Creditors: amounts falling due within one year
5
(1,149,922)
(1,206,517)
Net current assets/(liabilities)
137,008
(624,289)
Total assets less current liabilities
8,832,665
8,013,586
Creditors: amounts falling due after more than one year
6
(3,322,474)
(3,659,559)
Provisions for liabilities
(107,478)
(67,773)
Net assets
5,402,713
4,286,254
Capital and reserves
Called up share capital
7
100
100
Profit and loss reserves
5,402,613
4,286,154
Total equity
5,402,713
4,286,254

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

DTMA HOLDINGS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2023
30 September 2023
- 3 -
The financial statements were approved and signed by the director and authorised for issue on 9 January 2024
Mr D C Allsop
Director
Company registration number 12103960 (England and Wales)
DTMA HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 4 -
1
Accounting policies
Company information

DTMA Holdings Limited is a private company limited by shares incorporated in England and Wales. The registered office is 7 Compton Street, Ashbourne, Derbyshire, DE6 1BX. The company registration number is 12103960.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
Not depreciated
Plant and equipment
20% reducing balance
Motor vehicles
25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments
Basic financial assets

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

DTMA HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
1
Accounting policies
(Continued)
- 5 -
Basic financial liabilities

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest method. Loans and borrowings that are receivable within one year are not discounted. If an arrangement constitutes a finance transaction it is measured at present value of future payments discounted at a market rate of interest for a similar loan.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 1 (2022 - 1).

2023
2022
Number
Number
Total
1
1
DTMA HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 6 -
3
Tangible fixed assets
Freehold land and buildings
Plant and equipment
Motor vehicles
Total
£
£
£
£
Cost
At 1 October 2022
7,705,942
1,430,188
222,971
9,359,101
Additions
3,597
309,168
-
0
312,765
At 30 September 2023
7,709,539
1,739,356
222,971
9,671,866
Depreciation and impairment
At 1 October 2022
-
0
633,499
87,727
721,226
Depreciation charged in the year
-
0
221,172
33,811
254,983
At 30 September 2023
-
0
854,671
121,538
976,209
Carrying amount
At 30 September 2023
7,709,539
884,685
101,433
8,695,657
At 30 September 2022
7,705,942
796,689
135,244
8,637,875

The freehold land and buildings brought forward were valued by Bidwells on 10/07/2019.

 

Land and buildings acquired as part of a business combination were capitalised at the point of recognition at market value.

 

4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
157,781
73,228
Other debtors
10,139
66,923
167,920
140,151
5
Creditors: amounts falling due within one year
2023
2022
£
£
Bank loans
600,000
666,494
Trade creditors
202,338
205,464
Corporation tax
311,211
312,981
Other taxation and social security
30,591
18,268
Other creditors
5,782
3,310
1,149,922
1,206,517
DTMA HOLDINGS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
- 7 -
6
Creditors: amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
3,322,474
3,659,559
7
Called up share capital
2023
2022
2023
2022
Ordinary share capital
Number
Number
£
£
Authorised
A Ordinary (9853) & B Ordinary (147) of 1p each
100
100
100
100
8
Related party transactions

Included in creditors is £755 owed to the Director. (2022: £59,729 debtor owed by the Director).

2023-09-302022-10-01false09 January 2024CCH SoftwareCCH Accounts Production 2023.300No description of principal activityMr D C Allsopfalse121039602022-10-012023-09-30121039602023-09-30121039602022-09-3012103960core:LandBuildingscore:OwnedOrFreeholdAssets2023-09-3012103960core:PlantMachinery2023-09-3012103960core:MotorVehicles2023-09-3012103960core:LandBuildingscore:OwnedOrFreeholdAssets2022-09-3012103960core:PlantMachinery2022-09-3012103960core:MotorVehicles2022-09-3012103960core:CurrentFinancialInstrumentscore:WithinOneYear2023-09-3012103960core:CurrentFinancialInstrumentscore:WithinOneYear2022-09-3012103960core:Non-currentFinancialInstrumentscore:AfterOneYear2023-09-3012103960core:Non-currentFinancialInstrumentscore:AfterOneYear2022-09-3012103960core:CurrentFinancialInstruments2023-09-3012103960core:CurrentFinancialInstruments2022-09-3012103960core:ShareCapital2023-09-3012103960core:ShareCapital2022-09-3012103960core:RetainedEarningsAccumulatedLosses2023-09-3012103960core:RetainedEarningsAccumulatedLosses2022-09-3012103960bus:Director12022-10-012023-09-3012103960core:LandBuildingscore:OwnedOrFreeholdAssets2022-10-012023-09-3012103960core:PlantMachinery2022-10-012023-09-3012103960core:MotorVehicles2022-10-012023-09-30121039602021-10-012022-09-3012103960core:LandBuildingscore:OwnedOrFreeholdAssets2022-09-3012103960core:PlantMachinery2022-09-3012103960core:MotorVehicles2022-09-30121039602022-09-3012103960core:WithinOneYear2023-09-3012103960core:WithinOneYear2022-09-3012103960core:Non-currentFinancialInstruments2023-09-3012103960core:Non-currentFinancialInstruments2022-09-3012103960bus:PrivateLimitedCompanyLtd2022-10-012023-09-3012103960bus:SmallCompaniesRegimeForAccounts2022-10-012023-09-3012103960bus:FRS1022022-10-012023-09-3012103960bus:AuditExemptWithAccountantsReport2022-10-012023-09-3012103960bus:FullAccounts2022-10-012023-09-30xbrli:purexbrli:sharesiso4217:GBP